Agora.io, the leading voice, video and live interactive streaming platform, saw tremendous growth during the first quarter of 2020, including a 300 percent increase in developer sign-ups from the last quarter of 2019 to the first quarter of 2020, as well as a 60 percent increase in overall network usage. Agora’s interactive voice, video, and messaging SDKs are embedded into mobile, web and desktop applications across more than 1.7 billion devices globally.
Amid social distancing and work-from-home orders in response to COVID-19, many consumers and organizations are turning to online video streaming to engage, interact and stay connected with one another during these times. With no signs of demand slowing down, the growing user adoption of interactive video and voice streaming solutions is expected to bring the market’s compound annual growth rate (CAGR) to more than 19 percent with more than 240 million streaming users expected in the U.S. by the end of 2020.
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“The demand for real-time engagement was growing even before the epidemic but in the last few months it became very compelling. We’ve seen a trend in organizations and institutions that have either accelerated their digital transformation plans or have been forced to put a strategy and plan into action as a result of COVID-19,” said Reggie Yativ, Chief Operations Officer at Agora.io. “As a global company with easy-to-implement live, interactive video and voice SDKs, we are well-positioned to work with companies around the world to add real-time engagement features to their applications quickly to ensure their employees and customers can continue to connect with one another while adhering to the social distance orders that are enacted around the globe. We believe that the new world we are living in will require all businesses across the globe to adjust and form more comprehensive and engaging digital strategies to ensure business continuity.”
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